For the fifteenth year, the University of Maryland's Robert H. Smith School of Business hosted 45 MBA students from Australia for a two-week USA Business & Culture Tour in January 2015.
Psychologists have long known that you can make a consumer product more desirable by making it appear rare. But how does scarcity, or the appearance of scarcity, affect choice when several consumer products are presented at once? Smith Professor Rebecca Ratner tackles the question in a new paper.
Late-night infomercials pitch gold as the only hedge against a future where dollars are worthless. Should older investors take that bait? No, says David Kass, clinical associate professor of finance at the Robert H. Smith School of Business. "Gold is an emotional investment, and not one that I would recommend for those approaching retirement or in
Earlier this week, President Obama proposed a 14 percent tax on U.S. multinationals’ overseas earnings, plus a 19 percent minimum tax rate on future foreign profits. The proceeds would fix roads, bridges and other infrastructure. The proposal, however